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$7,975,000
Est. payment /mo
1.15 Acres Lot
UPDATED:
02/20/2025 06:51 PM
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP25036658
Originating Board California Regional MLS
Lot Size 1.149 Acres
Property Sub-Type Other Residential Land
Property Description
Rare 1.15-acre coastal development site in the heart of Dana Point, one of Southern California's premier beachfront destinations. The property is currently in the entitlement process for a 33-room boutique hotel, designed as a three-story building with a dedicated parking garage. While not yet fully approved, plans are progressing through the city's review process, presenting a unique investment opportunity in a high-growth hospitality market. This site is located in a premier coastal area known for its luxury resorts, stunning beaches, and strong tourism demand. The entitlement process is underway for a three-story, 33-room boutique hotel with dedicated parking. Dana Point Harbor is undergoing a $400+ million redevelopment, which includes new hotels, restaurants, retail, and a modernized marina, further enhancing the area's appeal and increasing tourism demand. Dana Point remains a strong hospitality market with high average daily rates and occupancy levels. Coastal development opportunities in this prime area are extremely limited, making this a rare chance to develop in a high-barrier-to-entry market. With the ongoing revitalization of Dana Point Harbor, this property is strategically positioned for a successful boutique hotel that caters to tourists, business travelers, and
Location
State CA
County Orange
Area Cb - Capistrano Beach
Zoning D7,LZ
Exterior
View Ocean
Others
Tax ID 69141121
Special Listing Condition Not Applicable
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